The variable cost is $18 per unit for a product that sells for $25. For 2,500 units, what is the contribution margin and contribution margin per unit? a. $10,500; $7 b. $17,500; $7 c. $20,000; $18 d. $25,000; $25

The variable cost is $18 per unit for a product that sells for $25. For 2,500 units, what is the contribution margin and contribution margin per unit? a. $10,500; $7 b. $17,500; $7 c. $20,000; $18 d. $25,000; $25

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1EA: Calculate the per-unit contribution margin of a product that has a sale price of $200 if the...

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